Sunday, January 4, 2009
Massachusetts Man Pleads Guilty To Conspiracy To Defraud His Employer
Chin Yaw Tiew, 41, of Westford, Massachusetts, pleaded guilty to attempting to defraud his employer, Nortel Networks, Inc. of Billerica, Mass, out of computer and telephone equipment. He was charged with conspiring with two other Nortel employees, Rimba B. Handojo, 24, also of Westford, and another unidentified employee based in Malaysia, to steal the equipment, ship it to Malaysia and resell it there. Tiew plead guilty to one count of mail fraud. He is due to be sentenced on March 18 and faces up to 20 years in prison, plus a fine of $250,000 and restitution. Handojo was arrested last June and charged with multiple counts of wire fraud, conspiracy and tax evasion in the theft of more than $250,000 worth of equipment from Nortel that was resold in other markets.
Read the DOJ announcement here.
Read the DOJ announcement of Handojo's arrest here.